City Council Approves New Residential Development in Chicago

The 3-story, 3-unit project will replace an existing structure at 2934 W. Irving Park

Published on Feb. 22, 2026

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The Chicago City Council has approved a new residential development proposed by CorEtt Builders Corp at 2934 W. Irving Park Road. The 3-story, 3-unit rental building will replace an existing 2-story structure on the northwest corner of W. Irving Park and N. Richmond Street.

Why it matters

This development is part of ongoing efforts to increase housing supply and density in Chicago's neighborhoods. The approval highlights the city's support for new multi-unit projects that can provide more living options for residents.

The details

Designed by MC & Associates LLC, the new building will stand 35 feet tall and include three 3-bedroom rental units. Residents will have access to three parking spaces and six bike parking spaces. To allow for the project, the developer sought and received approval to rezone the property from B3-1 to B2-3.

  • The Chicago City Council approved the development on February 22, 2026.

The players

CorEtt Builders Corp

The developer planning and constructing the new 3-unit residential building.

MC & Associates LLC

The architectural firm designing the 3-story, 35-foot tall building.

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What’s next

With City Council approval secured, the developer can now move forward with obtaining the necessary permits and beginning construction on the new residential development.

The takeaway

This project is an example of how the City of Chicago is working to increase housing options and density in its neighborhoods through the approval of new multi-unit developments on underutilized sites.